Everus Construction Group (ECG) director receives 1,015 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hernandez Helena Mercedes reported acquisition or exercise transactions in this Form 4 filing.
Everus Construction Group, Inc. director Helena Mercedes Hernandez received an equity grant of 1,015 shares of common stock in the form of restricted stock units. These RSUs vest on the date of the company’s 2027 annual meeting of stockholders if she remains in continuous service. Following this grant, she holds 3,125 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hernandez Helena Mercedes
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,015 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,125 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 1,015 units
Price per share for grant: $0.00 per share
Shares owned after transaction: 3,125 shares
+1 more
4 metrics
RSUs granted
1,015 units
Restricted stock units vesting at 2027 annual meeting
Price per share for grant
$0.00 per share
Equity award, no cash consideration
Shares owned after transaction
3,125 shares
Direct common stock holdings following RSU grant
Vesting condition
Continuous service through 2027 meeting
RSUs vest at 2027 annual meeting of stockholders
Key Terms
restricted stock units (RSUs), continuous service, annual meeting of stockholders
3 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) that vest on the date of the issuer's 2027 annual meeting"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
continuous service financial
"provided that the reporting person remains in continuous service with the issuer through the vesting date"
annual meeting of stockholders financial
"that vest on the date of the issuer's 2027 annual meeting of stockholders"
FAQ
What insider transaction did Everus Construction Group (ECG) disclose for Helena Mercedes Hernandez?
Everus Construction Group disclosed that director Helena Mercedes Hernandez received a grant of 1,015 restricted stock units. These RSUs represent a contingent right to receive common shares and are part of her equity-based compensation, not an open-market stock purchase or sale.
When do the restricted stock units granted to Helena Mercedes Hernandez at Everus Construction Group (ECG) vest?
The 1,015 restricted stock units vest on the date of Everus Construction Group’s 2027 annual meeting of stockholders. Vesting is conditional on Hernandez remaining in continuous service with the company through that meeting date as specified in the filing footnote.
What does each restricted stock unit (RSU) granted by Everus Construction Group (ECG) represent?
Each restricted stock unit granted to Helena Mercedes Hernandez represents the contingent right to receive one share of Everus Construction Group common stock. The units convert into shares only upon vesting, subject to the service-based condition described for the 2027 annual meeting.
Was the Everus Construction Group (ECG) Form 4 transaction a market purchase or sale?
The Form 4 transaction was an equity grant, not a market trade. Hernandez acquired 1,015 shares through a compensation award of restricted stock units, with no price per share paid, rather than buying or selling shares on the open market.